After 6 months, ammount left to pay = $1,840.34
On the seventh month, he payed of the debt with the interest (for one month).
Amount paid off at the seventh month = 1840.34(1 + 0.09/12) = 1840.34(1.0075) = 1854.14
Amount to have paid in the remaining 6 months = 314.83 x 6 = 1888.98
Amount saved = 1888.98 - 1854.14 = $34.84
Answer:
In the account that paid 3% Ramon put $800
In the account that paid 6% Ramon put $1,600
Step-by-step explanation:
P=28in because there are two sides that equal 6in and two other sides that equal 8. You multiply 6 and 8 by 2 which is 6*2=12 and 8*2=16. And then you add 12 and 16
I=Prt
I=$1,200(0.04)3
I=$144
That means the thousands number will either be the same or 1 higher based on the hundreds place & everything after the thousands place will be 0s
247,000
